Compulsory earthquake insurance policies for residential property will automatically terminate upon the transfer of title of the sold property, under a new regulation issued by the Turkish Catastrophe Insurance Pool (DASK).
China has undergone substantial health financing reforms over the past decades and achieved near-universal social health insurance coverage. Despite substantial increases in public health expenditure and near-universal health insurance coverage, the overall health financing system remained mildly regressive, according to a study by several Chinese academics.
The National Financial Regulatory Administration (NFRA) has tightened the comprehensive governance of non-motor insurance.
The National Financial Regulatory Administration (NFRA) has released updated asset-liability management (ALM) regulations for the insurance industry, marking the first comprehensive overhaul of these standards in seven years.
China is moving toward a legislative answer on who should be held responsible when an autonomous vehicle is involved in an accident.
The National Financial Regulatory Administration (NFRA) has stripped Evergrande Life of its business licence due to illegal and irregular actions.
AXA Hong Kong and Macau and Manulife Hong Kong have been selected among the first participants in Hong Kong's GenA.I. Sandbox++, amid efforts to test AI applications under regulatory oversight.
Long-held paradigms are being challenged every day in the actuarial profession, by technological changes and changes in the dynamics between institutions and geopolitics, according to Singapore Actuarial Society President Alex Lee.
Over the past few years, regulators have taken action in the life insurance industry-modifying critical illness definitions, adjusting war and pandemic coverage, and occasionally mandating the inclusion of specific benefits in products.
Qatari Islamic Insurance Group (QIIG) has obtained obtained a licence from the authorities of the International Financial Services Centre in Gift City in Gujarat City to open a branch in India.